Realtor Job Description [Updated for 2025]

In the rapidly evolving real estate market, the demand for skilled realtors has never been higher.

As the industry propels forward, the call for adept professionals who can navigate, negotiate, and secure profitable deals amplifies.

But let’s dig a little deeper: What’s truly expected from a realtor?

Whether you are:

A job seeker looking to understand the intricacies of this role,
A hiring manager drafting the perfect candidate profile,
Or simply curious about the inner workings of the real estate industry,

You’re in the right place.

Today, we present a customizable realtor job description template, designed for easy posting on job boards or career sites.

Let’s dive right in.

Contents show

Realtor Duties and Responsibilities

Realtors play a vital role in helping people buy, sell, and rent properties.

They must be knowledgeable about local real estate markets, able to advise clients on market conditions and pricing, and skilled at negotiation.

The duties and responsibilities of a Realtor include:

Assist clients in buying, selling, and renting properties.
Advise clients on market conditions, prices, mortgages, and related information.
Generate lists of properties that are compatible with buyers’ needs and financial resources.
Act as an intermediary in negotiations between buyers and sellers, generally representing one or the other.
Compare properties to determine a competitive market price.
Accompany buyers during visits to and inspections of property, advising them on the suitability and value of the homes they are visiting.
Prepare documents such as representation contracts, purchase agreements, closing statements, deeds and leases.
Coordinate property closings, overseeing signing of documents and disbursement of funds.
Promote sales of properties through advertisements, open houses, and participation in multiple listing services.

Realtor Job Description Template

Job Brief

We are seeking a professional and customer-focused Realtor to join our team.

The Realtor will be responsible for managing all real estate activities and transactions on behalf of our clients.

As a Realtor, you will be tasked with assisting clients in buying, selling, and renting properties.

You will be expected to stay updated with the real estate market and property values, and possess excellent negotiation skills.

The ideal candidate will be a good listener, possess outstanding interpersonal skills, and have a customer-centric approach.

Responsibilities

Provide guidance and assist sellers and buyers in marketing and purchasing property for the right price under the best terms
Determine clients’ needs and financials abilities to propose solutions that suit them
Perform comparative market analysis to estimate properties’ value
Display and market real property to possible buyers
Prepare necessary paperwork (contracts, leases, deeds, closing statements etc)
Cooperate with appraisers, escrow companies, lenders and home inspectors
Promote sales through advertisements, open houses and listing services
Maintain and update listings of available properties
Remain knowledgeable about real estate markets and best practices

Qualifications

Proven working experience as a real estate agent or real estate salesperson
Proven track of successful sales record
Ability to work independently combined with excellent interpersonal skills
Strong sales, negotiation and communication skills
Pleasant and trustworthy
MS Office familiarity
Real estate agent’s or broker’s license

Benefits

401(k)
Health insurance
Dental insurance
Retirement plan
Paid time off
Professional development opportunities

Additional Information

Job Title: Realtor
Work Environment: Office setting with fieldwork. Frequent travel for property visits and meetings with clients.
Reporting Structure: Reports to the Sales Manager or Real Estate Broker.
Salary: Salary is commission-based and dependent on the number and value of the transactions completed.
Pay Range: $40,000 to $110,000 per year, based on commission.
Location: [City, State] (specify the location or indicate if remote)
Employment Type: Full-time
Equal Opportunity Statement: We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.
Application Instructions: Please submit your resume and a cover letter outlining your qualifications and experience to [email address or application portal].

What Does a Realtor Do?

Realtors are licensed professionals who assist individuals in buying, selling, or renting properties.

They can work in residential or commercial real estate and can represent either the buyer or the seller.

When working with buyers, realtors help their clients locate properties that meet their needs and budget.

They schedule property viewings, provide advice on the real estate market, and assist with the negotiation process once the client decides to make an offer.

On the other hand, when working with sellers, realtors estimate the value of the property using comparative market analysis, suggest the appropriate selling price, and market the property through listings and open houses.

They also negotiate on behalf of the seller and help facilitate the closing process.

Realtors must stay updated on current real estate laws and regulations, and they also need to maintain a network of contacts like mortgage brokers, home inspectors, and lawyers who can assist their clients during the buying or selling process.

Additionally, realtors often guide clients through the paperwork involved in real estate transactions, ensuring that everything is correctly filed and legally compliant.

They may also help clients understand the terms of their contract and their financial obligations.

In summary, a realtor plays a crucial role in guiding clients through the complex process of real estate transactions, providing professional advice, and ensuring a smooth process from start to finish.

Realtor Qualifications and Skills

A proficient realtor should have a variety of skills and qualifications that align with their job role, including:

Exceptional communication skills to effectively relay information about properties and negotiations to clients and other parties involved in the transaction.
Strong interpersonal skills to build strong relationships with clients, creating a positive experience and encouraging repeat business.
Customer service skills to understand client needs and preferences, ensuring satisfaction throughout the process of buying or selling a property.
Ability to negotiate effectively, ensuring the best possible outcome for clients during property transactions.
Knowledge of local real estate markets to provide accurate pricing and other related information to clients.
Persistence and tenacity to find the right property for buyers or the right buyer for sellers, even when faced with challenges.
Familiarity with real estate law and regulations to ensure that transactions are carried out legally and ethically.
Ability to use real estate software and social media platforms for marketing, property searches, and client communication.
Attention to detail to accurately complete paperwork and ensure all transaction details are correct.

Realtor Experience Requirements

A Realtor often starts their journey through an accredited real estate licensing program, which gives them a foundational understanding of real estate laws, ethics, and property management.

However, this education does not always equate to actual work experience.

Entry-level Realtors usually have 1 to 2 years of experience in the field, often gained through an apprenticeship or part-time role under an experienced Realtor.

Such roles provide practical experience in property showings, dealing with clients, and understanding real estate contracts.

Candidates with 3 to 5 years of experience are considered mid-level Realtors.

They often have a solid track record of sales, experience in negotiating and closing deals, and have grown their professional network significantly.

Realtors with more than 5 years of experience are usually seen as industry veterans.

They are likely to have developed a comprehensive understanding of their local real estate market, have a strong client base, and might have experience in leading a team or managing a real estate office.

Furthermore, some real estate agencies may require their Realtor hires to have additional certifications like Certified Residential Specialist (CRS) or Accredited Buyer’s Representative (ABR), which demand a certain level of experience and sales performance.

Realtor Education and Training Requirements

To become a Realtor, individuals typically need to have at least a high school diploma or equivalent education.

However, many successful Realtors have a bachelor’s degree in real estate, finance, business administration, or a related field.

In addition to formal education, every state requires Realtors to complete a specific number of hours in pre-licensing courses from a real estate school accredited by the state’s real estate commission.

Once the courses have been completed, prospective Realtors must pass a state licensing exam to become a licensed real estate agent.

Realtors differ from real estate agents in that they are members of the National Association of Realtors (NAR) and must adhere to a strict code of ethics.

To become a member of the NAR and earn the title Realtor, a real estate agent must complete additional ethics training and exams.

Furthermore, many Realtors choose to pursue professional designations or certifications in specific areas of real estate to enhance their expertise and marketability.

This could include areas such as residential, commercial, or luxury real estate, among others.

Continuing education is also important for Realtors as they need to stay updated with changes in laws and regulations in the real estate industry.

Finally, skills like communication, negotiation, and understanding of local markets are critical for success in the real estate profession.

These skills are often honed on the job or through real-world experience.

Realtor Salary Expectations

The average salary for a Realtor is $87,930 (USD) per year.

However, this figure can vary greatly depending on factors such as the realtor’s experience, the local real estate market, and the number of transactions they handle each year.

Commission-based income is also a significant factor in the overall earning of a Realtor.

Realtor Job Description FAQs

What skills does a Realtor need?

Realtors require strong interpersonal and communication skills to understand their clients’ real estate needs and effectively negotiate deals.

They should have a good understanding of the local and broader real estate market.

Realtors should also be adept at marketing properties and possess a good eye for property potential and aesthetics.

Do Realtors need a license?

Yes, Realtors need a license to operate.

The requirements for obtaining a real estate license vary by state but generally involve completing a certain number of hours of real estate education and passing a licensing exam.

Some states may also require Realtors to have a sponsoring broker before they can start working.

What should you look for in a Realtor resume?

A Realtor resume should demonstrate the individual’s experience in real estate transactions, including buying, selling, and leasing properties.

Look for a track record of successful deals and satisfied clients.

They should also have a real estate license, and additional certifications or designations can be a bonus.

Strong skills in negotiation, marketing, and customer service are also important.

What qualities make a good Realtor?

A good Realtor is proactive, hard-working, and detail-oriented.

They should have a deep understanding of the real estate market and be able to provide expert guidance to clients.

A good Realtor builds strong relationships with clients and other professionals in the industry, and they always prioritize the best interests of their clients.

Is it difficult to hire a Realtor?

The difficulty in hiring a Realtor depends on many factors, such as the current state of the real estate market and the specific needs of your agency.

However, finding a highly skilled, experienced, and dedicated Realtor who fits well with your team can be challenging.

It’s essential to offer competitive compensation, ongoing training, and a supportive work environment to attract top talent.

Conclusion

And there we have it.

Today, we’ve delved into the rich tapestry of what it means to be a realtor.

Surprised?

Being a realtor isn’t just about selling properties.

It’s about helping clients find their dream home, one showing at a time.

Armed with our comprehensive realtor job description template and real-world examples, you’re prepared to take the next step.

But why pause your journey here?

Venture further with our job description generator. It’s your ultimate tool for creating detailed listings or refining your resume to the finest detail.

Take note:

Every property is a part of someone’s dream.

Let’s help them find it. Together.

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